Answer: False
Explanation:
The U.S. Supreme Court doesn't defines materiality as "the magnitude of an omission or misstatement of accounting information that, in light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement." Instead, materiality is defined as “generally states that information is material if there is a substantial likelihood that the omitted or misstated item would have been viewed by a reasonable resource provider as having significantly altered the total mix of information,”
28 countries .///////<span>include Austria, Belgium, Bulgaria, Croatia, the
Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France,
Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg,
Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia,
Spain, Sweden, and UK //////</span>
Answer:
B. both on the characteristics of the product and on how many other people are buying the product.
Explanation:
Consumption of a particular product from the market depends on the buying behaviour of the customer. Buying behaviour is a collection of processes, thoughts and acts of various people that are involved in buying and consuming that product. The buying pattern of the customer is influenced by various factors like why the customer is making that particular purchase, what are the changing factor in the society that influences the customer to make the purchase.
The customer's behaviour of purchasing a particular product to a large extend depends upon how other people are consuming that product which has a greater influence on him. Also the characteristics or the qualities of the product influences the need to make a consumption.
Robert H.P Hill, JP !!
Hope this helps !
